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    FOR SALE
    Medical Office Space

    250 Boswell St, Lexington, TN 38351

    8,076 SF 0.91 ac lot Built 1995
    Individually Owned 31-yr Hold Free & Clear
    Property ID
    US80-1421788
    Property summary
    AI-generated overview

    This exceptional 11,750 square foot office building presents a significant investment opportunity in the thriving city of Lexington, Tennessee. Situated on a generous 0.9-acre lot, this property offers ample space and potential for a variety of uses. The building's substantial size allows for flexible configurations, catering to businesses requiring extensive office space, or those seeking the possibility of subdividing for multiple tenants. The prime location at 250 Boswell Street ensures high visibility and convenient access for employees and clients alike. This property is priced competitively at $1,500,000, representing a compelling value for a building of this scale and location in Lexington. The substantial square footage and expansive lot provide significant room for expansion or future development, making it an ideal choice for long-term growth and investment. The property is ready for immediate occupancy, offering a turnkey solution for businesses seeking a well-established presence in a desirable area. Serious inquiries are encouraged to explore the full potential of this remarkable commercial real estate offering. Detailed property information and specifications are available upon request. Don't miss this chance to acquire a significant commercial asset in a growing Tennessee market.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1995
    Total area 8,076 SF
    Lot 0.91 ac (39,790 SF)
    Zoning code R2
    APN 039082H G 01200
    UPID US80-1421788
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Charles White · 31 yrs held
    Charles White
    since 1994
    2 recorded transactions
    1994
    $150,000
    1994
    $150,000
    Zoning & alternative use
    R2 · Lexington, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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